Comment Re:Great Recession part II? (Score 2) 743
The house of cards is different now. The bulk of the investment market is moving towards private equity, where things are less regulated and more difficult to game.
The only danger with this private equity trend is if all those billions invested in Silicon Valley startups don't turn up profitable. But how could that happen? There's an infinite customer base for freemium and ad-supported step counting widgets. That system could never fail like the subprime mortgage thing, too many people Like it on Facebook.
If you think I'm kidding look at numbers on crunchbase. Just for the last week the amounts invested by VC in startups is higher than Greece's monthly bill.